Waterdrop revenue jumps, but profit falls on swelling marketing expenses
Insurance services provider Waterdrop Inc. (WDH.US) on Tuesday reported its revenue jumped 72.8% year-on-year to 1.45 billion yuan ($216 million) in the second quarter, driven by improvements in its risk…
Waterdrop splashes back to revenue growth. But are investors listening?
The insurance broker’s revenue rose 38.4% in the third quarter, boosted by a 20-fold increase for its young technical services business Key Takeaways: Waterdrop looks set to return to strong…
Baige flies into IPO on demand for its popular – but costly – insurance risk services
The company has filed to list in Hong Kong after substantially growing revenue in the last two years, but at very thin margins Key takeaways: Baige has filed for a…
In weak insurance market, Waterdrop finds solace in benevolence crowdfunding
The insurance broker’s net profit rose about 150% year-on-year in the third quarter, on the back of the strong performance for its crowdfunding business Key Takeaways: Waterdrop’s revenue increased just…
Waterdrop stalls in second quarter, but reaffirms annual growth forecast
The online insurance broker’s revenue fell slightly in the latest three-month period, as its core insurance business fell by 4% Key Takeaways: Waterdrop’s revenue fell 0.4% in the second quarter,…
Juicy margins set Zhongmiao apart among stodgy insurers
The insurance broker controlled by home-appliance maker Haier has filed for an IPO, boasting solid profits underpinned by its focus on corporate policies and a light cost structure Key Takeaways:…
FAST NEWS: Waterdrop profit plunges on crowdfunding platform’s losses
The latest: Online insurer Waterdrop Inc. (WDH.US) on Thursday announced its profit plunged 78.6% to 33.6 million yuan ($4.68 million) in the third quarter, though the result still represented its seventh consecutive quarterly…
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